16420 S Kilbourn Ave
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16420 S Kilbourn Ave
20,013 SF Industrial Building Oak Forest, IL 60452 $2,312,953 CAD ($116 CAD/SF)
INVESTMENT HIGHLIGHTS
- 18 FOOT CLEARANCE IN THE WAREHOUSE
- EASY ACCESS TO MAJOR HIGHWAYS
- NICE OFFICE WITH CENTRAL AIR & LUNCHROOM
- HAS 2 INTERIOR DOCK & ONE DRIVE IN DOOR
- COOK COUNTY 6B TAX INCENTIVE IN PLACE
- LOFT IN THE WAREHOUSE FOR MORE STORAGE
EXECUTIVE SUMMARY
STAND ALONE INDUSTRIAL BUILDING WITH TWO INTERIOR DOCKS AND ONE DRIVE IN DOOR IN OAK FOREST. THE BUILDING IS 20,025 SF WITH ABOUT 4,500 SF OF OFFICE SPACE ON 1.3 ACRE LOT. ZONED I-1 INDUSTRIAL. HAS A MAIN OFFICE, CONFERENCE ROOM, AREA FOR CUBICLES, VESTIBULE, AN IT ROOM, KITCHEN & LUNCH ROOM, BLUEPRINT ROOM, SHOP MGRS OFFICE, 4 BATHROOMS AND STORAGE LOFT AREA. THE CEILING HEIGHT IS 18 FT CLEAR. DEMISING WALL SEPARATES THE WAREHOUSE SPACE FROM THE MANUFACTURING. THE ENTIRE BUILDING IS FIRE SPRINKLERED & FRESHLY PAINTED. HAS COOK COUNTY 6B PROPERTY TAX INCENTIVE IN PLACE WHICH EXPIRES IN 7 YEARS AND IS RENEWABLE. NEW CARPET, CEILING TILES AND WARHOUSE PARTIALLY PAINTED. NEWER LED LIGHTS WITH MOTIONS SENSORS. ALL RACKS AND OFFICE FURNITURE WILL STAY. HAS PLENTY OF PARKING. EASY AND QUICK ACCESS TO I-57, I-80, I-294 AND I-94. THE BUILDING HAS 800 AMP AND 3 PHASE SERVICE.
DATA ROOM Click Here to Access
- Offering Memorandum
FINANCIAL SUMMARY (ACTUAL - 2023) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2023) Click Here to Access
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
AMENITIES
- 24 Hour Access
- Front Loading
- Mezzanine
- Security System
- Signage
- Skylights
- Storage Space
- Monument Signage
- Air Conditioning
UTILITIES
- Lighting
- Gas
- Water
- Sewer
- Heating
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PROPERTY TAXES
| Parcel Numbers | Total Assessment | $126,360 CAD (2024) | |
| Land Assessment | $56,501 CAD (2024) | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $69,859 CAD (2024) | Tax Year | 2023 Payable 2024 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$56,501 CAD (2024)
Improvements Assessment
$69,859 CAD (2024)
Total Assessment
$126,360 CAD (2024)
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2023 Payable 2024
ZONING
| Zoning Code | I-1 (ZONING ALLOWS FOR MANY LIGHT INDUSTRIAL USES WITH SPECIAL USES AS WELL) |
| I-1 (ZONING ALLOWS FOR MANY LIGHT INDUSTRIAL USES WITH SPECIAL USES AS WELL) |
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16420 S Kilbourn Ave
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